Wisconsin wants to be tech mecca. After Foxconn broken promises, state says this time is for real

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Wisconsin hopes new CHIPS Act funding and the arrival of companies including Microsoft and GE will undo the public damage from a failed Foxconn investment.

The Biden administration has designated Wisconsin as home to one of 31 regional Tech Hubs authorized under the CHIPS and Science Act, with a focus on bio-health.

"This is an emerging field, very promising, to make a real difference in patients' lives and the lives of their families, because we all are affected by cancer," he said.Northstar has been doing this work for 20 years, with occasional setbacks. Last year, the company blamed government-subsidized foreign competition for theBut now, Scholz believes the company is on the verge of really taking off.

The leader of Wisconsin's effort, former GE Healthcare engineer Wendy Harris, has high hopes as a result of the Tech Hub designation. Really high hopes. Within months, Foxconn began scaling back its plans, citing labor costs. As the company missed hiring target after hiring target, Walker, a Republican, lost his reelection bid in 2018 to Democrat Tony Evers. Evers' administrationthe Foxconn incentive package, but not before the state and local governments spent hundreds of millions of dollars on infrastructure improvements and land acquisition, displacing more than. It is a far cry from the 13,000 high-paying tech jobs it promised.

As for the Tech Hub designation, it won't help Mount Pleasant initially. But backers of that effort believe it will soon have a ripple effect throughout Southeast Wisconsin, including Mount Pleasant, in the same way high tech firms and research universities fueled Silicon Valley.

 

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